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slava [35]
2 years ago
7

Chandler Kumar owns two antique stores. One is in an upscale neighborhood, and its merchandise is artfully arranged and priced t

o indicate product rarity. The other is in a run-down strip mall and contains some of the same type of merchandise, but the items are left in open boxes and placed haphazardly on shelves. Customers of either store have entirely different perceptions of the stores and would be surprised to know Kumar operates each of them because he uses such differing _____ strategies.
Business
2 answers:
Sav [38]2 years ago
8 0

Answer: targeting

Explanation: In simple words, targeting strategies refers to the strategy involving the selection of potential customers and product that will be offered to those customers.

In the given case, Chandler is doing a minor change in the presentation of the goods offered so that he can target different type of customers. In the first store he is trying to target the high value customers by arranging the goods in a sophisticated manner and in the second one he is targeting the common customer.

Hence from the above we can conclude that Kumar is using different targeting strategies.

Likurg_2 [28]2 years ago
8 0

Answer:

Targeting

Explanation:

Chandler Kumar owns two antique stores. One is in an upscale neighborhood, and its merchandise is artfully arranged and priced to indicate product rarity. The other is in a run-down strip mall and contains some of the same type of merchandise, but the items are left in open boxes and placed haphazardly on shelves. Customers of either store have entirely different perceptions of the stores and would be surprised to know Kumar operates each of them because he uses such differing targeting strategies.

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Pizza Heaven is a small specialty pizza shop that just opened its doors in the downtown area this year. They serve only menu ite
Sergeu [11.5K]

Answer:

The answer is: B) concentrated/niche marketing

Explanation:

Niche (or concentrated) marketing concentrates all of its actions and promotions on small but very specific and well defined segments of the population. A niche marketing strategy focuses on becoming a big fish on a small pond, and usually charging a higher price for the niche product. The specific needs and requirements of those "niche customers" are usually not well addressed by mass marketing actions.

6 0
2 years ago
Forte Co., had 3,000 units of work in process on April 1 that were 60% complete. During April, 11,000 units were started and as
LUCKY_DIMON [66]

Answer:

a. 10,000 units

Explanation:

The computations of units completed are shown below:

= Beginning work in process units + units started - closing work in process units

= 3,000 units + 11,000 units - 4,000 units

= 10,000 units

For this question, we ignored the equivalent units as the question has asked about the completed units only

So, all other information is irrelevant

6 0
2 years ago
The Petit Chef Co. has 11.3 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments
IgorC [24]

Answer:

The yield to maturity is 9.127%

Explanation:

The yield to maturity is the yield or return on the bond as a percentage of its current price in the market. The formula to calculate the yield to maturity is:

YTM = C + {(F - P) / n}  /  {(F + P) / 2}

Where,

  • C is the coupon payment / interest payment on the bond
  • F is the face value of the bond
  • P is the current market price of the bond
  • n is the years to maturity

The coupon payment = 1000 * 0.113 = 113 per year

So, YTM =  113 + {(1000 - 1127.3) / 8}  /  {(1000 + 1127.3) / 2}

YTM = 0.09127 or 9.127%

8 0
2 years ago
Your uncle is about to retire, and he wants to buy an annuity that will provide him with $80,000 of income a year for 20 years,
ivolga24 [154]
Defined the answer multiplied $80,000 by 20, once you get that answer multiply that by 0 5.25, then whatever you get is the answer. You're welcome, tea sis, shook, can't relate, be smarter
7 0
2 years ago
An investor purchased a "par bond" for $500 with the principal $500. Over n = 6 years the bond will pay 2% coupon annually. Find
liubo4ka [24]

Answer:

2.0%

Explanation:

Coupon received annually = $500*2% = $10

We have the cash flow from year 0 to year 6 as below:

Year 0 ($500)

Year 1 $10  

Year 2 $10  

Year 3 $10  

Year 4 $10  

Year 5 $10  

Year 6 $510   (Principal $500 & coupon $10)

IRR (internal rate of return) whereas  the present value of all cash flow is nil

It is very difficult to calculate IRR manually, but easily in excel = IRR(-500,10,10,10,10,10,510) = 2%

Please see excel attached

Download xlsx
3 0
2 years ago
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